Other Universities


What can we learn from the topic about Fair Share at other Universities and Colleges?  Below are links to articles and documents to provide context and perspective.

‘The Untouchables’: How Columbia and N.Y.U. Benefit From Huge Tax Breaks 


BROWN

Brown commits to contributing nearly $175 million in direct voluntary payments to Providence

PRINCETON

Princeton University Settles Property Tax Exemption Lawsuit

University to Pay $18.2 Million to Settle Tax Suit by Residents

University contributions to Princeton town: 2022 summary

PENN

PENN ADVOCACY GROUP

Penn’s history of refusing to pay PILOTs, explained

I’m a Penn Alum — There’s Nothing Charitable About Their $100 Million Donation

RHODE ISLAND

Will an endowment tax on Rhode Island’s private colleges work, and how much could it bring in?




Comments

Post a Comment

Popular posts from this blog

Cornell-Ithaca MOU and Student Population Increase

Cornell-Ithaca MOU and Student Population Increase From: Diane Date: Fri, 29 Sep 2023 06:33:38 To add a little more context to the ongoing discussion on Cornell's contribution to the city budget in lieu of taxes, I want to raise the issue of population growth. To me, as a 30-plus year city resident, this is a notable fact that does not seem to come up much, if at all, in discussions. 
Read more

Essential Facts and Numbers that need to be commonly known and understood by us all

Institutions like Cornell currently have no legal obligation to pay anything to their home communities.  Many institutions, and more every day, believe   that they have a social obligation to pay their fair share and that their privileged tax-exempt  status needs to be updated, and adjusted for the realities of the times.   There is a movement afoot around this issue. Communities with large tax-exempt footprints are rising up against the burden they create. It’s happening in college towns all over the US.  The burden and the movement are not myths. Big universities have enjoyed their tax-free status for more than 50 years.   The 1969 Tax Reform Act created universities' tax-exempt status by developing Section 501(c)3 of the Internal Revenue Service (IRS) Code: to support public goods such as education and philanthropy.  But when educational institutions activities are in fact for-profit under the umbrella of non-profit it's time for change.  ...
Read more